Remove Eliminating Excel in Purchasing Remove Events Remove Examples
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Sourcing Strategy: Effective vs Efficient with Ron Crabtree

The Logistics of Logistics

MetaExperts are talent operational excellence (OpEx) hands-on-deck, training, and get-it-done partners. The upshot of all this is the result of now we very brittle supply chains, now inherently susceptible to massive disruption – even by a single event – such as the tsunami event in Japan. About MetaOps and MetaExperts.

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Inventory Management Excellence: Some Companies to Learn From

Logistics Bureau

So, rather than get overly prescriptive, I’ll use this blog post to highlight some companies that have achieved success through excellence in inventory management , and outline some of the most effective elements of their strategies. Another takeaway is the importance of warehouse layout as an enabler for inventory management excellence.

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7 Cost Saving Tips Every Supply Chain Manager Should Know

3PL Links

Example: Retail giant Zara uses real-time data from its stores to adjust inventory dynamically. Example: Amazon’s fulfillment centers are famous for using robotics to streamline order processing and packing. Example: A manufacturing firm faced potential delays when a hurricane disrupted operations at a key supplier.

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Retail Supply Chain Management: A Guide

Logistics Bureau

Retail Supply Chain Costs These costs will of course vary by company and sector and are just an example. That’s why retailers place so much focus on buying well. For example, buying in large quantities from suppliers, to get a lower unit cost. By far the biggest cost is the Cost of Goods or COGS.

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The 411 on Social Proof

Ship Monk

Think of the last time you purchased a product or service based on the recommendation of a friend, family member, or your favorite social media influencer. Yup, even dinosaurs looked to fellow terrifying reptiles for guidance on their buying habits. Take us, for example. Let’s begin! What Is Social Proof? Types of Social Proof.

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Analytics in Supply Chain Management Becomes Central As Coronavirus Escalates

IoT World Today

Today most companies use Excel to put together different scenarios,” Bailey said. More than 90% of supply chain managers, use Excel somewhat to heavily for supply chain analytics. In order to build a correct demand plan, one-off events have to be identified and accounted for,” wrote Ralf W.

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Why Digitalizing Sourcing is a Must for Supply Chain Resilience

Logistics Viewpoints

Let us take the example of direct materials, i.e., materials that are used as components in making a finished product, such as a hard drive or RAM in a personal computer. Bundled offers (if you buy X, Y, and Z from me, I can offer a 10% discount or in case of transportation, grouping of backhaul lanes at a discount along with inbound lanes).